Central Bank of China Appoints Anti-Bitcoin Governor As Top Communist Party Official: Report
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China’s Communist Party has reportedly appointed a Bitcoin (BTC) skeptic as the central bank’s party secretary, putting him in line to become the next governor. According to a new report by the Wall Street Journal, Chinese leaders named central bank deputy governor Pan Gongsheng as the People’s Bank of China (PBOC) party secretary, the top Communist Party post. Pan joined the PBOC in 2012 and became China’s foreign-exchange regulator in 2015. The report says that Pan will likely be appointed the bank’s governor after his promotion. Pan is also in charge of the Leading Group of Internet Financial Risks Remediation,
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